CAclubindia News

FM Sitharaman Defends Health & National Security Cess Bill, Says Levy Targets Only Demerit Goods

08 December 2025 at 06:36

FM Nirmala Sitharaman defends the Health & National Security Cess Bill, saying the levy applies only to demerit goods like tobacco and pan masala, ensuring defence funding.

Posted in Excise | 1236 Views

Centre Approves Export Promotion Mission to Boost MSMEs and First-Time Exporters

08 December 2025 at 06:36

Government launches Export Promotion Mission and upgrades logistics, BTN, CGSE, ECGC support to help MSMEs tackle global disruptions and expand exports.

Posted in Corporate Law | 516 Views

Major GST Rule 10A Change: Registration to Be Automatically Suspended If Bank Details Not Furnished in 30 Days

06 December 2025 at 06:52

GSTN enforces Rule 10A: GST registration will now be auto-suspended if bank account details aren't filed within 30 days. Full advisory, process steps & exemptions inside.

Posted in GST | 8331 Views

GSTR-3B Update: Table 3.2 Auto-Populated Values Made Non-Editable from Nov 2025

06 December 2025 at 06:52

GSTN has announced that from November 2025, Table 3.2 of GSTR-3B will be fully auto-populated and non-editable. Corrections must be made through GSTR-1A before filing GSTR-3B.

Posted in GST | 3066 Views

Supreme Court Affirms GST Exemption for Residential Premises Leased as Hostels

06 December 2025 at 06:52

Supreme Court rules that leasing residential property to be used as a student or professional hostel is exempt from 18% GST. Big win for housing.

Posted in GST | 2382 Views

CBIC, DRI Leaders Emphasize Technology, Global Cooperation in Anti-Smuggling Efforts

06 December 2025 at 06:52

MoS Finance Pankaj Chaudhary inaugurated the 68th Founding Day of the DRI in New Delhi, highlighting the government's commitment to dignified business for honest taxpayers and a zero-tolerance approach to illegal trade.

Posted in Custom | 243 Views

GSTN Releases Additional FAQs for GSTR-9 & 9C: Key Clarifications for FY 2024-25

06 December 2025 at 06:51

GSTN has released additional FAQs clarifying ITC reporting, RCM disclosures, past-year reversals, and reconciliation issues in GSTR-9 and GSTR-9C for FY 2024-25.

Posted in GST | 8466 Views

GSTN Launches UPI and Credit/Debit Card Payment Facility for Taxpayers in 28 States

05 December 2025 at 06:46

GSTN has launched a new digital payment facility allowing taxpayers to pay GST using UPI and major Credit/Debit Cards, including Rupay, Visa, Mastercard, and Diners.

Posted in GST | 1 comments | 405 Views

ICAI Halts Self-Paced Module Tests from Dec 11-20 Due to Portal Upgrade

05 December 2025 at 06:46

ICAI has paused Self-Paced Module Tests from Dec 11–20, 2025, due to SPMT portal maintenance. Slot booking will resume from Dec 21, the Institute announced.

Posted in Students | 1392 Views

Lok Sabha Passes Central Excise Amendment Bill to Maintain High Tobacco Levy

05 December 2025 at 06:46

The Lok Sabha has successfully passed the Central Excise (Amendment) Bill, 2025, marking a pivotal moment in India's indirect tax structure for 'sin goods'.

Posted in Excise | 1530 Views